China Evergrande Auditor Gave Clean Bill of Health Despite Debt [Wall Street Journal] Last year as China Evergrande Group’s stock and bond prices seesawed, it offered deep discounts to keep sales growing during the pandemic and the government effectively said it had borrowed too much. Yet the property developer’s auditor [PwC] gave it a clean […]
If you follow TheBig4Accountant on Instagram, you might have seen this included with TB4A’s Instagram Stories yesterday: That is what Deloitte & Touche Chair and CEO Lara Abrash told Deloitters in audit and assurance during an all-hands call on Thursday morning. This was also confirmed in posts on Fishbowl and Reddit. It was also noted […]
[Ed. note: we received the following in response to my newsletter column dated September 14, 2021. In the column, I referenced the 2019 AICPA Trends report, which stated that non-accounting majors made up 31% of all firm new hires at that time. The reader comment is published here with permission from its author who wishes […]
The Financial Times yesterday wrote about the rich getting richer at the Queen’s Deloitte: Deloitte’s UK partners will receive an average payout of about £1m after the accounting firm’s profits rebounded from a pandemic slump last year, helped by the sale of its restructuring division. The share of profits to 700 equity partners is the […]
(Updated post from Aug. 18 with a comparison of average raise percentages per promotion from 2018 and 2016.) 2020 was a pretty ugly year for the Black and Yellow—and especially for EY employees. Let’s recap, shall we? No performance-based bonuses. Raises only to those who received a promotion. Lots and lots of layoffs. Unlimited PTO; […]
A day after Grant Thornton announced its next occupant of the corner office, Moss Adams sent out a release on Sept. 16 saying who its next corner office dweller will be. The new boss of Moss starting next April is Eric Miles, a partner who currently leads the firm’s consulting practice and has spent his […]
Brilliant. Er, I mean wrong. So, so wrong. Terrible, even. Definitely do not do this. But if you do definitely let us know how it goes. I’m an Accountant, every Christmas we have a vote for the client who’s been the biggest prick of the year, then I report them to HMRC regardless of if […]
Ed. note: the following is a first-hand account of one person’s experience at the EY Neuro-Diverse Center of Excellence. The author has requested to be anonymous. On Saturday Night Live last March, Elon Musk came out on national TV as having Asperger’s syndrome. For the neurodiverse, this event was momentous not only because Musk hosted […]
It looks like the hot spots for Big 4-on-Big 4 poaching lately are the U.K. and Australia, where KPMG Down Under recently made champagne wishes and caviar dreams come true for one PwC managing director. Australian Financial Review reported: Sally Torgoman, 38, has joined KPMG as a partner in the firm’s infrastructure business. Ms Torgoman was […]
July 1, 2014 was a big day for Sarah Martin, as she was one of 180 chosen ones who were admitted to the partnership by PwC. On that day the Richmond, VA-based Martin became a partner in assurance, which along with tax now falls under the Trust Solutions umbrella at P. Dubs. Now fast-forward seven […]
The average age of a non-Big 4 public accounting firm partner hasn’t really changed at all in the last three years. In late December 2018, CPA Journal analyzed the results of the 2018 NYSSCPA–Rosenberg Practice Management Survey and mentioned this in regards to partners’ ages: Partners have gotten slightly younger, both in terms of average […]
Malaysia says auditor KPMG to pay $80 million in 1MDB settlement [Reuters] Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditing of 1Malaysia Development Berhad (1MDB) accounts from 2010 to 2012. PwC reports disability and […]
We here at Going Concern have never been enthusiastic fans of buzzwords. Whether they’re cluttering up your LinkedIn profile or awkwardly littering a Big 4 Twitter account, our tolerance level for buzzwords is a steady nil at all times. That intolerance may be changing now as we continue the journey forward into the accelerating Great […]
It seemed like yesterday that Brad Preber took over as interim CEO at Grant Thornton and right away had to deal with GTers freaking out after a whole bunch of people got pink slips, and now here we are talking about Preber’s upcoming retirement and who’s going to replace him as CEO. We found out […]
At the end of the Married With Children episode, “Go For the Old,” Al Bundy says: “It’s only cheating if you get caught.” Well, KPMG got caught. The firm was busted for cheating on internal training exams. Again. Just like in the US. This time the cheating was running rampant in Australia. The PCAOB fined […]
A question we’ve often been asked through the years from aspiring CPA candidates is: Do accounting firms give out bonuses for completing the CPA exam, and if so, how much? The answer is, yes, many public accounting firms do throw some money new CPAs’ way for passing all four parts of the exam, but the […]
In early August, EisnerAmper announced a “strategic investment” in the firm courtesy of investment management firm TowerBrook Capital Partners, the first of its kind for a firm of that size. The door is now wide open for private equity to get a piece of the accounting pie. Per the press release: TowerBrook’s significant capital infusion […]
A thread today on Fishbowl: That’s what PwC gets for giving its assurance and tax segments a dumb new name. This is from the same firm that gave the world Strategy&. That was and still is a dumb name. It’s like they do it on purpose. Related articles: PwC Is a Name You Can Trust […]
Poor Austin Bowman. The second-year accounting student and the first sophomore head drum major at Ohio State University since 2010 was hyped to run out onto the field at Ohio Stadium on Saturday before the No. 4-ranked Buckeyes took on the No. 12-ranked Oregon Ducks in the first football game at the stadium with fans […]
In today’s edition of “Big 4-on-Big 4 Poaching From Around the World,” we head to the largest country in South America where Carlos Augusto da Rosa Gomes recently left PwC in Brazil for the bluer pastures of KPMG. He announced his new home away from home on LinkedIn earlier this month: KPMG is Carlos’s third […]
KPMG’s UK arm among first to set targets for working class staff [Reuters] “We’re setting a socio-economic background representation target for the first time, alongside our other diversity targets,” KPMG said in a statement. AICPA Foundation Grants 25 Minority Doctoral Fellowships [CPA Practice Advisor] The funding comes from the AICPA Fellowship for Minority Doctoral Students […]
NASBA announced this morning that its systems will be down this weekend for what we presume to be a little planned maintenance. From their website: CPA Exam Candidates: The Gateway System, CPA Central and other NASBA system will be down for a scheduled outage on Saturday September 11th, 8:00 a.m. to 1:00 p.m. (Central). You […]
A day after Deloitte got the Big 4 revenue boasting season rolling yesterday, EY announced today that it pulled in a “solid” $40 billion ($39,959,000,000, to be exact) in revenue for the year ending June 30, a 7.3% increase over 2020’s $37.2 billion. But aside from all the patting each other on the back for […]
(Updated post from July 14 with a comparison of average raise percentages per promotion from 2020 and 2016.) In July we took a look at how raises this year at PwC compared to 2019 and 2017 because they were hyped up so much by PwCers on the usual chatter sites, and for the most part, […]
“Well, I’m KPMG man and boy. I actually did engineering at university and then decided that I wanted to get a business qualification alongside that, so I joined the KPMG audit team in Glasgow and did my charted accountant training there. And then post-qualifying I moved into our transaction services team in order to implement […]
Big 4 revenue bragging season is officially underway with Deloitte being the first out of the gate. But before we get to Deloitte’s haul for fiscal year 2021, let’s recap last year’s global revenue results: Deloitte: +3.9% to $47.6 billion PwC: +1.4% to $43 billion EY: +2.3% to $37.2 billion KPMG: -1.8% to $29.2 billion […]
(Updated original post on July 8 with a comparison of average raise percentages per promotion from 2020 and 2016.) PwCers expected really good raises this year. They trust that management would make that happen, given that PwC U.S. had record-setting revenue of $18 billion last year during a global pandemic. Last year PwCers had to […]
Q: How many hours in a week do accountants waste by manually checking client data for errors? a. Two hours b. Four hours c. Ten hours d. Twenty hours A: While it might seem like you guys are spending 20 hours or more each week during busy season dealing with bad data from clients and […]
Y’all think he makes a Facebook post like this on his wedding anniversary? Nah, me neither.
KPMG faces complaint of providing ‘false’ information on Carillion audit [Reuters] KPMG allegedly provided “false and misleading” information about its audits of collapsed builder Carillion and data erasure company Regenersis for regulatory checks, Britain’s accounting watchdog said on Wednesday. EY teams up with NYC to offer pro bono advice to Black businesses [Consulting.us] Through the […]
“I remember being in the offices of Deloitte, counting down the seconds until five o’clock, or whatever time it would be that I could finally leave, and just feeling miserable every day at the office. Feeling like I wasn’t where I wanted to be.” — Simu Liu, star of the new Marvel film Shang-Chi and […]
It was only a matter of time before another Big 4 firm would follow Deloitte’s lead in requiring COVID-19 vaccines for employees to enter its facilities. But I gotta admit, I wasn’t expecting that firm to be KPMG. (PwC, to be honest.) Here’s what was posted Tuesday morning on Fishbowl: I texted a source at […]
Exposure Drafts holiday cards are now available for purchase through Rubook Creative.
We haven’t heard or seen anything about the Big 4 exodus being as big of a thing in the UK as it is in the US, but it seems like there’s been a slight uptick in the amount of Big 4 hopping going on across the pond. The latest is Daniel Barry joining the partnership […]
Big news from the Marcum camp today, as 17 men and 12 women will now be able to hitch a ride on the special partners-only bus. According to a media release, this year’s new partner class is the largest and most diverse class in Marcum’s history. The firm admitted 20 to the partnership in 2020. […]
Do y’all remember way back in February when then KPMG UK chair Bill Michael had to resign after he told staff to stop moaning in a virtual town hall? A few hundred KPMGers were in (virtual) attendance for Michael’s rant which included observations about how staff are a bunch of whiny little bitches who don’t […]
A number of Black CPAs have risen to the leadership level at several state CPA societies, either as board chairs or chief staff officers. Diversity, equity, and inclusion (DEI) is also at the top of many state societies’ agendas. Here’s a look at just a few of the many people in state CPA societies helping […]
Deloitte US made national headlines last Tuesday when CEO Joe Ucuzoglu told employees in an email that the firm “will require PPMDs and professionals to be vaccinated [against COVID-19] to access US Deloitte facilities,” effective Oct. 11, which led Adrienne to speculate that the other Big 4 firms will eventually fall in line behind Deloitte […]
After years and years of PCAOB inspections of the Big 4 in which the percentage of audits of public companies that weren’t up to snuff have been in the 30s, 40s, and even 50s, we finally had a respectable audit report card earlier this year when Deloitte nearly had a single-digit deficiency rate in its […]
Staffing and COVID-19 relief programs are firms’ top concerns in 2021 [Journal of Accountancy] Finding qualified staff is an enduring concern that continues to challenge CPA firms this year, according to the 2021 AICPA Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey. Hiring staff emerged as the No. 1 issue affecting firms that […]
In the war for talent, it’s not (imaginary) prestige or ping-pong tables that will win the battle but cold hard cash. Or, in this case, a little help with what is often a costly and time-intensive venture for future CPAs. Last week, EY announced their new Career Path Accelerator, the TL;DR of which is an […]
Hey, I don’t know if you’ve heard but there’s a pipeline problem in public accounting right now. Seems some people finally got the memo that long hours and low pay isn’t worth the prestige of putting “worked at [INSERT BIG 4 FIRM NAME]” on their resumes anymore. And then there’s that other problem: those who […]
The UK’s audit cops were itchin’ to dole out some discipline today, and the butts that were paddled belong to ex-audit partner Mark Harvey and his former employer EY. The Financial Times reported: Accounting firm EY has been fined £2.2m and issued with a severe reprimand for failings in its audit of Stagecoach, the London-listed […]
“The Glacial Pace of Audit Reform Needs To Speed Up” The Financial Times might wish to reconsider this headline, above its editorial of late last week. Global climate change considered, the metaphor may be more apt than intended, as the likely fate of the world’s glaciers is their tragic and accelerating collapse into muddy puddles amid massive fields […]
In a firmwide email today, Deloitte US announced that the firm is strongly suggesting its 113,257 people get their Rona jabs if they haven’t already, and should they not do so, they can expect to be shut out from Deloitte offices beginning October 11. The “no shirt, no shoes, no vaccine, no service” policy has […]
As of right now, BDO USA has locked down the sixth spot in the largest U.S. public accounting firms by revenue, after officially announcing this morning that its fiscal year 2021 revenue eclipsed $2 billion, an all-time high. Bravo Delta Oscar came in at $2,000,300,000 for the 12-month period ending April 30, representing a year-over-year […]
The auditor round-and-round continued in the second quarter of 2021, with everyone’s favorite public accounting firm with a Lettuce Entertain You restaurant sounding name, BF Borgers, netting nine new SEC clients, the most of any audit firm, according to the Q2 auditor changes roundup from Audit Analytics. And as Accounting Today noted in its post […]
And that something has to do with … construction. For the third consecutive year, CLA has been named the top construction accounting firm by Construction Executive. It’s an honor to be recognized, & it speaks to our ability to help owners & managers address industry challenges & plan for financial success https://t.co/rE1m1zVntL pic.twitter.com/D1RhjZzyPX — CLA […]
Thirteen men and 11 women have earned their seats at the big kids table at Plante Moran. This class of newly minted partners is one less than last year’s 25, which may or may not have been a record amount. The new partners for 2021 are: Jaime Eckels, Auburn Hills, MI Dori Eggett, Denver Valerie […]
Like this comic? Check out more from Sobering Mirror.
Revenue, lease accounting still challenge private companies [Journal of Accountancy] Revenue recognition and lease accounting remain a challenge for private companies after a one-year, pandemic-related delay in effective dates provided financial statement preparers some relief. For tax & accounting firms, the time to learn blockchain is now [Reuters] One question these professions should be asking […]
Kicking off with: Turnover is so bad right now at PwC dogs are being hired to fill seats. Happy Friday everyone.
In the 12 years since this website was founded, we’ve heard a lot of complaints from accounting students and early career public accountants. A LOT. Many things have changed since 2009, but one thing has remained consistent all these years and it’s the overwhelming sentiment that public accountants are paid far too little for the […]
Yeesh. Hope they pick you, my guy!
Things that are recession-proof during a global pandemic: Amazon Costco Netflix Alcohol Public accounting firms According to INSIDE Public Accounting, top-line growth for the top 100 public accounting firms this past year was 8.3%, which seemed like a pipe dream in March and April 2020 as the Rona was starting to rage in the U.S. […]
“We are monitoring these developments. At this point in time, though, we just don’t believe it’s practical to enter the practice of law.” — Steve Kimble, CEO of Deloitte Tax in the U.S., said in an interview with Bloomberg Law about the possibility of Deloitte stomping around Big Law’s turf in the States. What developments […]
Not in Australia this time around. In today edition of “Big 4-on-Big 4 Poaching From Around the World,” we head across the Atlantic where the Queen’s Deloitte has nabbed a longtime PwCer and magically turned her into a partner: Deloitte in the UK has hired Kanika Mehta as their latest Partner to join their Transaction Services team, after […]
Ferrari, Aston Martin, McLaren, Jaguar, and Mercedes-Benz dealerships in and around London probably have been bustling more than usual lately, and here’s why: PwC’s UK partners took home record pay this year after the firm’s profits rose by a quarter to a fresh high of almost £1.2bn on the boom in corporate dealmaking. Average profit […]
Accountant who stole $1.7M from corporate client, Little League group, should get his CPA license back, Pa. court says [Penn Live] A Commonwealth Court panel on Wednesday overturned a state licensing board’s refusal to allow an accountant who stole more than $1.7 million to resume his profession. Instead, the panel ordered the state Board of […]
Enjoy this day created just for you! But don’t spill any. Those who do are the first to get “coached out” or put on PIPs. Plus those Kool-Aid stains are hard to get out of your clothes. Have a great weekend, everyone.
Over the last week or so we analyzed how raises this year compared to previous years at RSM US and Grant Thornton. Now it’s time to take a look at raises this year at the last of the mini-Big 3 firms, BDO USA, which leapfrogged GT to become the sixth-largest public accounting firm in the […]
News on the wire today is that PwC is pushing back its plan to get everyone back in the office, which had been tentatively planned for some time in mid-September but, well, y’all know how that’s been going. And by “the wire” we mean Reddit, which is generally a decent source for accounting news because […]
Y’all the Great Resignation has scared the pants off of corporate America. No longer can they get away with teasing ping-pong tables and elusive “work-life balance” that we all know is heavy on the work but light on the life. Go figure, once going to the grocery store could literally kill you, it’s like everyone […]
More specifically, $2,878,519,000. That’s how much revenue was pulled in by RSM US in fiscal year 2021, which ended April 30. While it’s not the eye-opening double-digit revenue increase that the House of Adams had in FY 2020, it’s still solid growth of 6.4% over last year during the height of the pandemic outbreak in […]
A tipster sent us this blurb that was published in the Suits & Sayings section of the Economic Times last weekend: When I first saw this, my first thought was that the Big 4 firm where the partner was supposedly sexually harassing women co-workers is EY in India, given its history of it allegedly happening […]
Yesterday we told you about the big poaching spree by Deloitte Australia, as the firm recently added six new partners to its risk advisory business. Most of that kontingent is komprised of soon-to-be former KPMGers who will officially join Deloitte in October. But another one of the six came from P to the W to […]
[Updated original post from July 26 to reflect BDO USA taking over sixth place in revenue from Grant Thornton.] INSIDE Public Accounting just came out with its ranking of the top 400 firms in the U.S. based on revenue, and there’s two big changes in the top 10. The most notable change is BDO USA […]
Grant Thornton was another firm last year that decided it would be financially irresponsible to give its hardworking employees raises during the height of the pandemic, even though GT’s revenue in fiscal year 2020 hit a record of $1.92 billion. But that was then, this is now. We still don’t know Grant Thornton’s revenue results […]
Damn, Deloitte Australia got quite the haul recently from the Australian House of Klynveld, nabbing four KPMGers—two partners and two directors—who will join Big D’s risk advisory business starting in October. That is some hardcore poaching. Australian Financial Review reported on July 27: Daniel Houseman, 42, is joining Deloitte as a partner from October. Mr Houseman is […]
Your Auditor Is Not Your Friend [Bloomberg Opinion] Accounting is an unusual professional-services business because a lot of what accounting firms do — tax and structuring advice, consulting, etc. — is very much in this vein of wise trusted advice, but one core function of accounting firms — public-company auditing — is … only partly […]
Not sure if you heard but the giant rock we all call home is in trouble. Glaciers are melting, sea levels are rising, and I don’t have to tell you that the weather has been absolutely terrifying the last few years. The good news is it’s looking more and more like the Earth will give […]
When an independent disciplinary tribunal concluded in June that KPMG U.K. and one of the firm’s partners failed to comply with the fundamental principles of objectivity and integrity in their work on the sale of bed manufacturer Silentnight to U.S. private equity firm HIG Capital in 2011, the panel recommended KPMG be fined a record-setting […]
While the rest of us were binge drinking and yelling at 10-year-olds in “Call of Duty” or eating hours or whatever it is you get up to on a Friday night, it seems some CPA exam candidates learned the hard way that you can’t trust NASBA’s website to be up when you need it most. […]
[Updated post from July 26 with additional athletes, event results.] If time spent consecutively looking at spreadsheets, eating hours, and submitting timesheets late were Olympic events, accountants would be among the strongest contenders for a gold medal during the summer games in Tokyo. But there have actually been accounting Olympians—Gwen Jorgensen and Alexandre Bilodeau to […]
“I think the whole industry should simply do away with any age-based retirement policy. I don’t think older partners perform any differently. These days people still have got a lot to offer as they get older. They’ve got a lot of experience, they’ve got a lot of know-how. They can be up with trends in […]
The University of Scranton remembered alum Ryan Kiess (photo above), who got his bachelor’s and master’s degrees in accounting and played lacrosse at the university. Funeral services will be held this week for Ryan Kiess, a 25-year-old senior audit associate at KPMG in New York City who was one of five people killed in a […]
Back on Aug. 12, 2019, Bubble Wrap maker Sealed Air Corp. disclosed in an 8-K that it had fired EY as its “independent” registered public accounting firm and stated that it had hired PwC. OK, no biggie, the auditor carousel is always going round and round in the Big 4. But the most interesting tidbit […]
Well, well, well … look what we have here — a big promotion day at Grant Thornton. The Purple Rose of Chicago this morning announced a larger-than-usual class of 87 new partners, principals, and managing directors. The breakdown: 41 new managing directors 35 new partners 11 new principals While Grant Thornton notes in the press […]
Last week, CPA Practice Advisor shared remarks made by AICPA CEO Barry Melancon at this year’s ENGAGE conference and … uh. Let’s just get straight into it. That resiliency will be needed going forward, with more changes to come from technological disruption, expanded categories of non-financial reporting, and the rapid evolution of new service lines […]
We know it doesn’t belong to former WeWork CEO Adam Neumann or it would be called “Community Adjusted EBITDA.” No words… pic.twitter.com/cV6kzUCZ6s — The Wet Bandits (@ChaseJones11) August 1, 2021 Happy Monday, everyone. Related article: Let’s All Have a Good Laugh at WeWork’s Stupid ‘Community Adjusted Ebitda’
The future of auditing: why plans to sharpen up the industry could actually make it worse [The Conversation] To rebuild trust, the UK government is proposing 150 reforms in a weighty consultation that closed recently. Building on three recent independent reviews into the profession, the FRC is to be replaced by a new body called […]
It’s been years since the show ended but I started a rewatch of Mad Men recently, and when I came across the article I’m about to share with you, I couldn’t help but think of a particular scene. This episode aired 13 years ago (yikes) so I’m hoping none of you will need a spoiler […]
Ex-KPMG partners David Britt and Thomas Whittle were told by the SEC on Wednesday that their accounting privileges were being taken away for a long time because of their involvement in a multiyear scheme with three other KPMGers to steal regulatory information from the PCAOB to cheat on audit inspections. The administrative proceeding orders released […]
At this time a year ago, RSM employees had just found out if the firm was handing out raises and bonuses while the Rona was still raging in the U.S. Management decided to give raises—capped at 5%—to only those employees who received a promotion (i.e., A2->S1, S1->Supervisor, Supervisor->Manager, etc.). As summer turned to fall, and […]
A tipster sent us a link to a post on r/accounting that is generating quite the discussion this evening. In a goodbye email to her colleagues on Monday, a foreign-born Black woman who worked at PwC alleges she was discriminated against and denied a promotion three times because of her race, gender, and national origin. […]
As we trudge ever onward toward month 18 of “two weeks to stop the spread,” it’s time to start thinking about a return to normal at everyone’s favorite place where CPA candidates’ goals and unreasonable expectations get crushed: Prometric. The company recently announced a softening of policies enacted early on in the pandemic, some of […]
The cards are usually stacked against former Big 4 employees who take one of the firms to court, whether it’s over harassment, discrimination, retaliation, or unfair termination, because of the firms’ army of lawyers and their no-holds-barred approach to winning. Ex-PwC auditor Mauro Botta knew he faced an uphill battle trying to convince a judge […]
Because we all could use some #MondayMotivation. @pashagrozdov you wouldn’t believe who interviewed me 😭🙌 #linkedin #comedy creds: @milligram96 ❤️ ♬ original sound – Pasha Grozdov
The Financial Reporting Council (FRC) released its 2021 inspection reports today, which include BDO, Deloitte, EY, Grant Thornton, KPMG, Mazars, and PwC. I’ve linked the individual reports for each firm (note they are in PDF) should you feel like wasting a Friday afternoon reading overseas audit inspection reports but we need to talk about the […]
EY Accused of Actively Concealing NMC Health Audit Fraud From Investors [Bloomberg] Ernst & Young faces accusations it “actively concealed” a six-year fraud from investors in a fresh lawsuit over its auditing work for the troubled NMC Health. The hospital operator’s founder, Bavaguthu Raghuram Shetty, said the accounting giant enjoyed a “deep and cozy” relationship […]
Australian Financial Review is reporting today that PwC Australia is digging deep into their pockets and expanding the bonus pool based on input from employees who shocked the firm by making it clear that money is what motivates them above all else. PwC will increase the pay of its 8000-strong staff at a faster rate […]
It only took a year for 32-year-old Danie Baker of Seattle to go from working from home for PwC during lockdown to appearing on the new Top Chef spin-off Top Chef Amateurs, which debuted on July 1. The show lists her as a “tax accountant” but you know we snooped LinkedIn to find out she […]
In April of this year, EY announced the launch of its Boston Neuro-Diverse Center of Excellence, the sixth of its kind EY has opened in the United States since launching the program in the mid-2010s. You see, it turns out that many — not all, but many — neurodivergent individuals are particularly excellent at data […]
Good afternoon and happy Monday, grunts. Boy do I have something that is going to warm your cold black hearts. As we can all agree, the last year and a half has been rough. We’ve all had to make sacrifices, though thankfully many of us have at least gotten through it without having to put […]
Civilisation will collapse completely by 2040 – MIT model, confirmed by KPMG [Cape Talk] The most dystopian headline you’ll read all week (hopefully). SEC Whistleblower Issued Award of More Than $1 Million for Assistance in Investigation [National Law Review] According to the SEC award order, the anonymous SEC whistleblower alerted Commission staff to securities law […]
Hundreds of people have bolted EY to join PwC in different locations around the world the past dozen years but this is only the third time one of those moves has been documented on this here website. So congrats to Mike Holford for being the subject of this most recent “PwC Poaches Someone From EY […]
“Now, if you want to do what you want [with your time] I suggest that you become millionaires, authors or bums. Failing that, I would like to emphasize the rules of the road for scheduling.” — Alexander Curry, partner and U.K. lead of Deloitte’s strategy and business design practice, Monitor Deloitte, in an internal email […]
Saw this press release on PRWeb today: I don’t know, guys, but Erik looks poised to bash fraud to death. Or beat bad clients who ignore invoices. Or destroy an office printer to smithereens out in a field à la Office Space. Or maybe he just likes to golf. Accountants like to golf. But it […]
In a move wholly uncharacteristic of the accounting profession, the benevolent overlords of the CPA exam are thinking ahead. WAY ahead. So far ahead we can’t even imagine what the world might look like by then. Here’s hoping you still have a job and Alexa has figured out how to turn my dining room Christmas […]
And all it took was an apology for Rhode Island to fall back in love with Deloitte. “They did apologize, quite frankly, with me directly for that time frame when things were really very disruptive,” Gov. Dan McKee said of Deloitte. Much like its relationship with the state of Florida, Deloitte Consulting’s relationship with the […]
